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Like I said Friday... they’re all celebrating.. and for what? Another myriad of empty promises in a shareholder update full of fluff.
LOL
None of what he said is verifiable. Today was another well orchestrated pump and dump. Make no mistake..
When will people wake up and start holding this CEO accountable?
Will never happen
What’s going on is that this CEO “talks” a big game, but the verifiable proof from the claims announced last week are just not there.
And make no mistake, he has his insiders pumping this everyday posting ridiculous claims of how we are going to “soar”. The only problem is they make these claims and give dates ( Q1,2,3...) and nothing happens so what do they do then? Pump some more but push the dates back..
Don’t believe me, just do your research and you will see a pattern.
Be careful when listening to the hype.
IMO
That’s up to you. If you want to take him at his word, that’s your right to do so.
It’s not hard to understand at all. The real issue is that people are pumping this like it’s a sure thing.
I hate to interrupt everyone's celebration but this was simply a shareholder update- he has said things like this before. If everything he said was true, that's great but as of now, there is no verifiable proof of any deals with these companies.
Just like there is no certainty that he will indeed do share reduction no matter what next month. I hope he does but it's just words right now.
Bottom line is you are all taking him at his word. Believe what you want but I would not get too excited until what he is saying actually happens and the share price reflects
IMO
I've been invested in this stock for over a year and a half now and I've had my share of dealing with "OTC trolls".
And not all are bashers....
As for his promise date of share reduction in July, I'll believe it when it happens.
Talk is cheap.
BB- I find that hard to believe as well...even the biggest cynic on this board would not waste time calling dealerships and getting confrontational , harassing them. That’s a little far fetched.
I’m more interested to see if he does indeed do the share reduction on July 4th as he promised. It will be interesting to see if he delivers on that one.
It goes a lot further than just releasing financials on time.
It’s called over promising and under delivering. I don’t think many people are buying the tweets and hype anymore.
IMO
Yes you have.. no argument there
So where is the big breakout?
Doesn’t look to me like the market is responding in anticipation of Q2 financials being released.
And here is something to ponder: over a year ago, even before all these big revenue claims, the pps would spike considerably right before financials were released even if only temporarily..
Now, no anticipation from the market at all. Makes you wonder if the market has caught on to all these big bold tweets, deals and revenue claims.
Your rationale is spot on as always.
Sorry, but this is just too funny... everyone is predicting, just wait until Q2! .05,.10 ...
Now that it looks like the market doesn’t give hill of beans about Q2 financial release, now the new war cry is “just wait until Q3!”
Ha ha.. this board is hilarious.
Doesn’t look like a “breakout”to me.
Why not, the site is already called Hexagon Holdings.
Well said.. I work in IT and have said before, it is imperative for a company these days to have a well informed and functioning website.
And you’re right, it’s not terribly expensive to hire someone to design and most importantly, update your site .
If a user goes to a site and finds outdated information, updates, links that do not work.. the first impression a user will have is the company is run in a slip-shod way. Websites mean a lot in contributing to the image of the company.
Great points you made.
Great post as always Brian..
I’ve been reading all morning nothing but high fives and “we will all be millionaires soon”,big party coming, get ready for .01,.05, .10... big volume coming, big players...
yet here we are , a big bloated share structure, no name change ( but it’s any day, right?)
Seems vaguely familiar to what was said before Q1 released.
I’m just grateful for your posts.It’s refreshing to read a post from someone who still has a handle on reality.
I’m definitely holding the rest of my shares I’m not giving up on this stock but I agree, we need buyout or an experienced CEO.
IMO
Good point.. all this talk about revenues but regardless on how much revenues are being generated, if there is negative cash flow or little or no profits, revenues will not change pps.
It would benefit credibility of this company to be more transparent about that instead of just hash tagging “ revenue rules” which is very foolish of a CEO supposedly of his caliber to be constantly doing anyway.
Forget the silly hashtags, just show a complete and transparent ( and audited ) presentation of financials.
IMHO
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NO REAL CEO WOULD PASS UP A CHANCE TO SHOW OFF HIS NEW KL PRODUCTION FACILITY.
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That I will agree with wholeheartedly. Detail the location and post a few pics or better yet, a video on the website showing production process etc..
Right now there is no concrete proof of this facility other than the tweets and updates and does nothing but make the company seem all the less credible.
IMO
What exactly is being done Steve’s way??
Promising an audit and punking out of it at the last minute?
Promising share reduction to investors since November of 2016?
Saying name change was was a “ matter of days, not weeks”?? ( this was over a year ago).
Our CEO is the one who put timelines on this, not his investors.
If that’s an example of a “seasoned” CEO doing things his way, I wouldn’t get your hopes up for something big to happen anytime soon.
IMO
Totally agree. True DD is “hard “ DD, not an essay on how wonderful someone thinks the CEO is.
And they have every right to be pissed off.
Exactly. All the DD posted on this board is just that- nonsense.
A re-summation of Berman’s resume and revenue claims that cannot be verified
To your point, I also question his competence as a CEO as well. The DD that is repeatedly posted about SB being a seasoned CEO is off . He’s a seasoned and experienced SALESMAN.
If he truly was an experienced CEO, I do not believe we would have these “bumps “in the road that some are calling. Or at the very least, an experienced CEO would mitigate them to hold investor confidence.
IMO
There is a lot of chatter on this board that when financials are released next week , it will go through the roof, ballistic, skyrocket.......... blah , blah, blah..
When financials were released last time , they were supposedly record revenues. Nothing happened to the PPS and the market didn’t care.
So what will be different this time??
Not just the audit..also needs to be:
Share reduction
Name change
Domicile
All are key factors to the market regaining trust and increased shareholder value.
BTW is right: last financial releases did nada.
Nothing exploded.
These things need to happen.. we don’t need tweets with images showing bad resolution. Accomplishes nothing.
IMHO
Agreed, I don’t think it’s productive either. If you research my past posts, I was probably one of Berman’s biggest fans.
But that was then. Credibility wasn’t an issue with Berman ( at least not with me) but since then- broken promises, big talk, no action. And I slowly moved away from the “cheerleading”.
So yeah, I agree Brian. It serves no purpose to bring up old posts. Things change.
Yeah I’m with you on that one, I do not believe we will close in the 20s but even if we did, I’m so “numb” from all the disappointments on this stock, it just doesn’t faze me anymore.
As for Q2 financials, I don’t see any big break through on the pps mainly because of “open items” Berman has not closed that he was expected to but it’s the OTC, anything can happen right?
BTW: just some friendly advice: try to distinguish a bit more closely between those on the board who just bash for fun and those of us who criticize SB very strongly because of failed promises. I do not like to needlessly bash anyone but I do feel very strongly about holding CEOs accountable for what they promise shareholders.
In my humble opinion.
Have a nice evening and best to you.
I can’t argue with you there. After listening to SB fluff and promises to shareholders, we can’t help but expect to be disappointed every day.
Whole we’re on the subject: what’s with share reduction ?? Going on two years overdue for that to happen.
Why hasn’t it happened yet?? And I’m not buying the “we need to have the name change first” BS.
Something shady is going on.
That IS funny.
Brian, don’t you know by now that’s all most investors with this stock really care about?
Look at what’s going on over on Twitter. All he has to say is “it’s going awesome “or my guys are killing it” and that’s enough for people to be giving high fives .. it’s too funny!
I’ve said this before: Berman is in the wrong business. He should be one of those television evangelists that fly around in private jets scamming his congregation out of money to live big. Lotta suckers out there.
People don’t want the truth: the majority just like to have their ears tickled.
Same thing here.
Thanks Brian and you are so correct: the burden does indeed lie with the ones making the claims that we are ready to “blast off” .
I heard no less than three claims today that when Q2 is released, the pps will go crazy. Since “they” have a track record of being wrong EVERY time, not to mention the CEOs track record of under delivering, I don’t share in their excitement.
But I did flip this week and bought the shares right back so I had good timing this week $$$
Best
Everyone said the same thing about Q1.
Nothing happened.
Quote:
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Steve NEVER comes through on ANYTHING!!!
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Agreed. Sadly, this is all too true.
Whatever you say...
Of course it’s red - Steve tweeted another wonderful, fabulous “home run” for ONCI yesterday.
Maybe he should just give some straight talk like: we’re doing our best to make sales and it’s going to take time. It’s going to be a tough road ahead to establish this company but we can do it”
If he would just be straight with his investors instead of spewing out all the fluff, jargon, trite, flowery “everything is wonderful, my guys are killing it “ bs, I think people would appreciate the sincerity and the pps would pass a penny on that alone.
IMO
Good luck.. I think everyone is trying to figure that one out. You would think with all these supposed record breaking revenues that we would be at .05, .10 instead of struggling to stay above a sub-penny pps of .0031
Huge disconnect here although many do not want to admit it.
We are hearing so much talk of investors just being too “impatient”. I think a reminder is in order here:
1. It was SB who promised share reduction back in 2016. He set the the deadline, not investors.
2. In his radio interview, he said name change was a matter of days not weeks, this was April 2017. He set the deadline , not investors.
3. SB was the one who promised everyone new houses in 2018. He set the deadline, not investors.
He’s been given the benefit of the doubt more than enough times now. You don’t make promises like that to investors and then not deliver.
There are those who actually expect investors to maintain confidence in this CEO with s track record of over promising and under delivering like that?
And all people do who buy into the fluff is to make excuses for him. It’s all mm manipulation, it’s FINRA, it’s flippers..
Enough is enough already.
Of course it's not degradation, it's called accountability.
Keep the posts coming..they're articulate , truthful and most of all.. sane.